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Dec 7, 2012
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bill: president obama repeats his opposition to the law as michigan becomes the 24th right-to-work state in america. as you see how it is spreading there in blue. steve moore, senior economics writer, "wall street journal." matt mccall, president of penn financial group. gentlemen, good morning to you. steve, what does it mean for michigan? by the way it is not signed into law yet. they have a five-day grace period. what does it mean. >> this story is shocker, bill. we heard about it tuesday. they caught the unions napping. it is huge for michigan. it is old industrial state. epicenter of the old rust belt. my studies and a lot of others show, states of right to work where the jobs are going. we covered that story last year when boeing wanted to move its facility out of washington to south carolina one of the reasons they wanted to do that, bill, because south carolina is a right-to-work state. it is huge for the economic future of michigan. the other point i would like to make, bill, unions say this is anti-worker, when in fact it is exactly opposite. all right to work laws do, people g
bill: president obama repeats his opposition to the law as michigan becomes the 24th right-to-work state in america. as you see how it is spreading there in blue. steve moore, senior economics writer, "wall street journal." matt mccall, president of penn financial group. gentlemen, good morning to you. steve, what does it mean for michigan? by the way it is not signed into law yet. they have a five-day grace period. what does it mean. >> this story is shocker, bill. we heard...
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Dec 10, 2012
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bill? bill: steve harrigan with the story out of the miami. we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from sunday. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> a for honesty but f for effort. you can't get it done, george. you can't take us off the road to bankruptcy unless you deal with structural reforms to entitlement spending. martha: south carolina republican senator lindsey graham, good to have you in studio. >> great to be here. martha: got out of the craziness of washington for couple days. >> my export expires. martha: you'll need one. talk negotiating tactics. does it make sense at th
bill? bill: steve harrigan with the story out of the miami. we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of...
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if barak obama has growth not much more than 2%, his legacy will be ashes. it's surprising to me that he is incapable of recognizing that and trying to put something in place that will bring the economy back to life. >> gretchen: read all about it in the "wall street journal." always a pleasure. >> thank you. >> steve: straight ahead, he joined the army after pearl harbor and then flew on missions to test the atomic bomb. up next, this world war ii veteran, he will share his incredible story. then they can't make a deal in the fiscal cliff. what do you know about your elected officials and what are they doing instead? passing a bill that bans -- had is big -- wait for it -- bans the word lunatic. that's crazy! [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. hurry in and
if barak obama has growth not much more than 2%, his legacy will be ashes. it's surprising to me that he is incapable of recognizing that and trying to put something in place that will bring the economy back to life. >> gretchen: read all about it in the "wall street journal." always a pleasure. >> thank you. >> steve: straight ahead, he joined the army after pearl harbor and then flew on missions to test the atomic bomb. up next, this world war ii veteran, he will...
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Dec 5, 2012
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it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you very much. stuart varney doesn't do show tunes, but does talk about the news of the day and politics and everything over on fox business exactly two hours and two minutes fr
it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to...
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Dec 5, 2012
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megyn: senator barack obama said if someone wants to build a coal powerplant, it's just that they will be bankrupted because they will be charged huge huge sums for greenhouse gases being emitted. could he effectively do it through the epa now what he was unable to do a cap-and-trade? reporter: sure, that is right. while liberal groups and others are looking for what the united nations is doing, what we used to call a kyoto at all, that process when he couldn't get a process through, he knows darn well he's not going to get through now. pushing out carbon heavy fuels like coal out of the u.s. energy mix. you mentioned west virginia. folks like democrats from those states are not happy about that. megyn: the nrdc says its approach will cost $4 billion a year. but they claim it will save over $25 billion each year in reduced pollution related illnesses like asthma. so we will wait and see if there's any action. thank you so much. dramatic new amateur video on the streets of serious capital. rebel forces battling government troops in damascus today. you can see rebel snipers shooting from
megyn: senator barack obama said if someone wants to build a coal powerplant, it's just that they will be bankrupted because they will be charged huge huge sums for greenhouse gases being emitted. could he effectively do it through the epa now what he was unable to do a cap-and-trade? reporter: sure, that is right. while liberal groups and others are looking for what the united nations is doing, what we used to call a kyoto at all, that process when he couldn't get a process through, he knows...
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Dec 13, 2012
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for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be lower than that in the fourth quarter of this year. bill: that is only error in the quiver. we can print money. >> ben bernanke tried everything. now into his fourth round essentially of money printing. this time buying 40 billion in mortgages. 45 million in treasury securities. he will go into a fifth year of money printing. bill: one more point. this move was designed to help the banks anyway, right? feds are buying bad mortgages we're ultimately paying for that. >> 40 billion of this money printing going into the mortgage market. bill: that would help the housing market? >> it is intention, to keep the flenl link housing recovery going by keeping mortgage rates way, way down. bill: i hope you're right. stuart varney, see you at 9:20 on fbn. good deal. over the last four years the federal reserve pumped money into the economy three times. this last announcement marks the fourth round for that. >> ther
for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be lower than that in the fourth quarter of this year. bill: that is only error in the quiver. we can print money. >> ben bernanke tried everything. now into his fourth round essentially of money printing. this time buying 40 billion in mortgages. 45 million in treasury securities. he will go into a fifth year of money printing. bill: one more...
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Dec 9, 2012
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new york, and pat caddell, former pollster for jimmy carter, and doug schoen, a former pollster for bill clinton. gentleman, here is speaker boehner, at the white house, talking to the president today, two days after he said, well, it has been a wasted week. >> it has been a wasted week. the republicans are divided. as the poll numbers suggest very clearly, the republican brand is weak weakening. i believe they are trying to put together something to avoid going over the cliff. speaker boehner has asserted his control over a fractured caucus and bottom line, it remains to be seen whether they can get a deal but i read in the statement, which was identical from the white house and from speaker boehner, they are looking for something big, not small. >>gregg: big would be, the grand bargain that 16 months ago they were on the precipice of and suddenly it didn't happen, so... >> part of the reason it didn't happen speaker boehner was told by the majority leader, cantor, allied with the tea party faction in the house of representatives, you do this deal with obama, you are out as speaker. so,
new york, and pat caddell, former pollster for jimmy carter, and doug schoen, a former pollster for bill clinton. gentleman, here is speaker boehner, at the white house, talking to the president today, two days after he said, well, it has been a wasted week. >> it has been a wasted week. the republicans are divided. as the poll numbers suggest very clearly, the republican brand is weak weakening. i believe they are trying to put together something to avoid going over the cliff. speaker...
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Dec 11, 2012
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and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it just takes time. >> eric: there is a holiday. >> gretchen: somebody who had to handle something similarly about a decade ago was rudy guiliani when he was mayor of new york city. he was faced with a circumstance of do i raise taxes? do i cut spending? do i do a combination of both? he was on hannity last night explaining what he ultimately decided to do. >> i was given a report, report said, you have to raise taxes across the board. said nothing about reducing spending. and i said to myself, i wasn't an economic expert then. i became one after being mayor of new york. and i said, this doesn't make sense. if i raise taxes now, i'll have to do it again in two years and then four years, 'cause i'm going to be losing tax base. p
and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it just takes time. >> eric: there is a holiday. >> gretchen: somebody who had to handle something similarly about a decade ago was rudy...
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Dec 13, 2012
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sending the bill to our children and grandchildren. the president is out there saying, if all we will do is tax, quote, unquote, rich people a little more, we'll solve the problem. well, here are the two problems with his logic. number one, half of this income that he wants to tax is small business income. in the economic studies show 700,000 of our fellow citizens will go from having paychecks to unemployment checks under his plan and as the economy contracts, every american left with a paycheck will see 2% less in it. so that's my first point. the second point is you give the president every single job crushing increase that he wants, gretchen, it runs the government for eight, maybe nine days. you can't solve it there. he's had government grow 20% under his watch. so our revenues have been about level for the last five or six years, but spending has skyrocketed. we're on the verge of being the first generation in america's history to leave the next generation with fewer jobs and fewer opportunities and a lower standard of living. >>
sending the bill to our children and grandchildren. the president is out there saying, if all we will do is tax, quote, unquote, rich people a little more, we'll solve the problem. well, here are the two problems with his logic. number one, half of this income that he wants to tax is small business income. in the economic studies show 700,000 of our fellow citizens will go from having paychecks to unemployment checks under his plan and as the economy contracts, every american left with a...